In the matter of a few months, the Coronavirus disease (COVID-19) outbreak has transformed the world from what it used to be.
Coronavirus-2019 started in Wuhan city of China in late Dec 2019, now spreading across the globe.
Due to the global health emergency, the lockdown has been announced throughout the world to fight against this global pandemic.
Additionally, concerned authorities have taken adequate measures to curb the spread of coronavirus.
For instance, closed public places ad transport, reduce operations, or shut down and social-distancing.
To track active cases of coronavirus, you may check worldometer coronavirus and COVID-19 tracker.
Thenceforth, coronavirus lockdown has affected many aspects of our lives.
Let’s discuss some of the major Effects of Coronavirus
1Impact on economy
Due to lockdown, in India, a rise in unemployment of 27.1% in the first week of May.
The unemployment rate in the US increased to 14.7 %.
The unemployment rate in China had increased to 6.2 % in February 2020.
The service industry hit hard and a fall in manufacturing activities.
It is expected that the global economy going to shink in 2020. Surely, a bad year for trade.
Subscription of entertainment apps, TV Programmes, and TRP have increased.
These entrainment apps have a whooping increase in subscribers during the lockdown period.
Netflix has over 15 million new subscribers and Youtube has a 20% surge in subscribers in the last week of April.
3Reduction on Travel
Lockdown has a bad effect on travel & tourism, aviation & hospitality industries all over the world.
The cruise industry and flights hit hard as many countries have closed their borders.
The government has made it mandatory for all arrivals, 14 days quarantine, or self-isolation.
4Increased data consumption
Now, people are recharging mobile more often; online consumption of data has increased (30%) in lockdowns.
Additionally, professionals are working from home which led to increased mobile broadband subscriptions.
Higher consumption of data led to slow internet speed.
Every cloud has a silver lining; this too shall pass.
Stay home Stay Safe!
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